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Expert-verified Found in: Page 302 ### Intermediate Accounting (Kieso)

Book edition 16th
Author(s) Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Pages 1552 pages
ISBN 9781118743201

# Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods. (a) $30,000 receivable at the end of each period for 8 periods compounded at 12%. (b)$30,000 payments to be made at the end of each period for 16 periods at 9%. (c) $30,000 payable at the end of the seventh, eighth, ninth, and tenth periods at 12% The present value of when the amount is receivable at the end of each period for 8 periods compounded at 12% will be$149029.20, at the end of each period for 16 periods at 9% will be $249,376.80 and present value payable at the end of seventh, eighth, ninth, and tenth periods will be$46,164.

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## Computation of present value when the amount is receivable at the end of each period for 8 periods. ## Calculation of Present Value of the payment made at the end of each period ## Computation of present value payable at the end of seventh, eighth, ninth, and tenth periods.  ### Want to see more solutions like these? 